Student debt in the USA significantly hinders economic mobility by delaying home ownership, altering career choices, and perpetuating wealth inequality. Graduates face financial burdens that affect their personal lives and career paths, emphasizing the need for policy reforms to promote accessibility and create equitable opportunities for future generations.

The Federal Reserve's monetary policy plays a critical role in shaping the labor market, affecting employment rates, wage growth, and economic stability. By adjusting interest rates and controlling inflation, the Fed influences job creation, spending, and overall economic health, highlighting the intricate connection between monetary decisions and labor dynamics.